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not one red cent ~NORC~

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not one red cent ~NORC~

Re: Mbrady4 post# 398

Tuesday, 03/14/2023 5:37:52 PM

Tuesday, March 14, 2023 5:37:52 PM

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The dividend will increase to .40 per share after the 1:4 reverse split. (.10 x 4 = .40)

But don't be surprised if NYMT lowers the dividend after a few quarters. Especially if our economy doesn't get back on track. MFA did that exact thing recently.

If they walk the dividend down to where it was pre-split, it's a win for the company but a huge loss for the shareholders. A wash-rinse-repeat sort of thing.
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